Washington, D.C.— Today, the House passed H.R. 3807, the Relief for Restaurants and Other Hard Hit Small Business Act of 2022. A bipartisan bill to deliver $55 billion in relief to small businesses through the Restaurant Revitalization Fund and to establish a new program for hard-hit industries.
“The pandemic inflicted deep wounds on small firms across… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Labor Department released its March jobs report:
“Today’s jobs report is the latest in a string of strong hiring numbers to start the year as the economy added 431,000 in March. Over the past three months, we’ve created… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and Ranking Member Blaine Luetkemeyer (R-MO) introduced two pieces of legislation to extend the statute of limitations for certain fraud cases involving the Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) program.
“Fraudsters that obtained PPP and EIDL… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Innovation, Entrepreneurship, and Workforce Development under Chairman Jason Crow (D-CO) held a hearing exploring how Congress can utilize workforce development initiatives to combat labor shortages that impact small businesses.
“The labor shortage impacts all businesses, but it particularly concerns our… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access under Chairwoman Sharice Davids (D-KS) held a hearing examining the role of community lenders in Small Business Administration (SBA) programs and steps Congress can take to increase capital access in underserved markets.
“The ability of community lenders to reach… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY), Democratic Caucus Chairman Rep. Hakeem Jeffries (D-NY), Rep. Steve Chabot (R-OH), and Rep. Tim Burchett (R-TN) introduced a set of bills to increase access to entrepreneurial training for the currently and formerly incarcerated.
In 2020, more than 41,000 incarcerated individuals… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez released the following statement after the House passed the FAIR Act of 2022, a bill to prohibit the enforcement of forced arbitration clauses in consumer, labor, antitrust, and civil rights disputes:
“Today, the House took an… Read more »
Nearly two years ago, the rapid spread of COVID-19 was wreaking havoc on small businesses across the country. As people stayed home to slow the spread of the virus, business for many small firms grounded to a halt. This was a time of tremendous uncertainty. Small businesses of all shapes and sizes began to wonder how long they could continue paying their rent, employees, and other key… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Oversight, Investigations, and Regulations under Chairman Dean Phillips (D-MN) held a hearing examining the landmark Paycheck Protection Program (PPP) and its effectiveness in delivering relief to small businesses. The hearing featured testimony from leading academics and government officials on their research… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velazquez (D-NY) announced that Rep. Claudia Tenney (R-NY) will serve as Ranking Member of the Subcommittee on Underserved, Agricultural, and Rural Business Development. Rep. Tenney’s appointment follows the passing of former Subcommittee Ranking Member Congressman Jim Hagedorn (R-MN).
“I’m pleased to… Read more »
